Esquire Financial (ESQ) Stock Rating Lowered by Sandler O’Neill
Esquire Financial (NASDAQ:ESQ) was downgraded by stock analysts at Sandler O’Neill from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, The Fly reports.
Esquire Financial (ESQ) opened at $21.00 on Tuesday. Esquire Financial has a twelve month low of $14.51 and a twelve month high of $23.18.
Esquire Financial (NASDAQ:ESQ) last announced its quarterly earnings results on Wednesday, October 25th. The company reported $0.16 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.16. The business had revenue of $6.57 million during the quarter. Esquire Financial had a net margin of 15.41% and a return on equity of 5.39%.
Several institutional investors have recently added to or reduced their stakes in ESQ. Goldman Sachs Group Inc. acquired a new stake in shares of Esquire Financial during the 2nd quarter worth about $177,000. Citadel Advisors LLC purchased a new position in shares of Esquire Financial during the 2nd quarter worth about $195,000. Bank of New York Mellon Corp purchased a new position in shares of Esquire Financial during the 3rd quarter worth about $269,000. Susquehanna International Group LLP purchased a new position in shares of Esquire Financial during the 2nd quarter worth about $314,000. Finally, ELCO Management Co. LLC purchased a new position in shares of Esquire Financial during the 2nd quarter worth about $599,000. 35.77% of the stock is currently owned by institutional investors.
COPYRIGHT VIOLATION NOTICE: “Esquire Financial (ESQ) Stock Rating Lowered by Sandler O’Neill” was originally published by American Banking News and is owned by of American Banking News. If you are viewing this report on another website, it was stolen and republished in violation of US and international copyright laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/12/05/esquire-financial-esq-stock-rating-lowered-by-sandler-oneill.html.
About Esquire Financial
Esquire Financial Holdings, Inc is a bank holding company. The Company operates through its wholly owned bank subsidiary, Esquire Bank, National Association (the Bank). The Bank is a full service commercial bank engaged in serving the financial needs of the legal and small business communities on a national basis, as well as commercial and retail customers in the New York metropolitan market.
Receive News & Ratings for Esquire Financial Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Esquire Financial Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.